Perspective
30 December 2014
Multisource financing closes for Chile’s Santiago metro new lines
Region:
Americas
Empresa de Transporte de Pasajeros Metro (Metro), the state-owned owner and operator of the subway system in Santiago, Chile, has closed the financing relating to construction of new subway lines 3 and 6 and improvements on existing lines. The overall financing package amounts to $1.3 billion, extended in two stages – an ECA-backed and commercial financing stage, and a separate capital markets stage.
